Ed Morrison · Cleveland and the bailout

September 21st, 2008

Bill Callahan has produced an important post and memorandum on the community impacts of any bailout legislation that Congress considers.

Jim Rokakis is fond of pointing out that nobody cared when financial blood was running in the streets of Cleveland, but now that blood is running in Wall Street it’s a national crisis. The deal that stops the bleeding on Wall Street and gives the banks a new start must do the same for the streets of Cleveland, Detroit, Cincinnati and Chicago.

What communities like Cleveland need in the bank bailout bill